Published on 6/15/2011 in the Prospect News Municipals Daily.
New Issue: Fulton County, Ga., prices $120 million general fund TANs
By Sheri Kasprzak
New York, June 15 - Fulton County, Ga., brought Wednesday $120 million of series 2011 general fund tax anticipation notes, said a pricing sheet.
The notes (SP-1+) were sold competitively. Calls to the issuer for the winning bidder were not returned by press time Wednesday.
The notes are due Dec. 30, 2011 and have a 1.5% coupon priced at 100.663.
Proceeds will be used to finance general fund expenditures ahead of tax collections.
| Issuer: | Fulton County, Ga.
|
| Issue: | Series 2011 general fund tax anticipation notes
|
| Amount: | $120 million
|
| Maturity: | Dec. 30, 2011
|
| Coupon: | 1.5%
|
| Price: | 100.663
|
| Type: | Competitive
|
| Rating: | Standard & Poor's: SP-1+
|
| Pricing date: | June 15
|
| Settlement date: | June 29
|
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